The chief executive of Deutsche Bank, John Cryan, has said that Brexit may be “worse than people could imagine”.
The chief executive of Deutsche Bank, John Cryan, has said that Brexit may be “worse than people could imagine”.
Wealthy private bank clients have reduced their cash holdings to a record low and flows into active funds have increased, according to research from Bank of America Merrill Lynch (BoAML).
Hedge fund flows were negative in June, though “some enthusiasm” for emerging markets was seen, data suggests.
A group of UK local authority pension schemes have created an investment company as part of a pooling exercise in the sector.
BlackRock has won a competitive liability-driven investment (LDI) tender for a UK pension scheme that streamlined its providers.
London-based asset manager Brooks Macdonald has increased its exposure to European equities as part of a slightly changed asset allocation.
